Worldwide Brands Dropship Directory Review
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If you ever tried to find something to sell online you know it is not easy. You got Scammed by fake wholesale companies that appear to be a middle man, you got rejected by BIG snobby companies because you are “SMALL” home based business and you cannot order $100 000 worth with a product. I went through that when was starting my eBay ventures. And here comes Worldwide Brands to help.
Worldwide Brands is the largest database of Factory Authorized Wholesalers that is willing to deal with “small” businesses and which will sell you small volume quantities of product for additional wholesale discounts. But besides that Worldwide Brands is also a HUGE Product Sourcing Educational center with its own Video Center, Product Sourcing Radio and great selection of FREE eBooks, videos and articles.
Why Worldwide Brands is NOT for Everybody
I see a lot of reviews endorsing different products without author taking time to use, study the product and highlight not only benefits but also possible drawbacks. So let me tell you why Worldwide Brands is not for everybody and may not work for you.
I will use myself as an example…
I started from eBay, I was selling old stuff from my house and was able to get good profits by selling my old electronics. Being a complete newbie to eCommerce world I said to myself: “Well, I just got $150 by selling my old mp3 player, if I can get more of them I can make more money.” And I came up with “very smart” plan: “I will find a drop shipping directory, buy electronics as PS3, Wii, PSP, Xbox etc at wholesale prices, sell it on eBay and rip the profits!”
If you think the same way as I did than Worldwide Brands is probably not for you.
You are not ready yet and need to change your mindset in order to start successful drop shipping business. See, if you are just starting your business and looking forward to selling consumer electronics (as I did) it might be tough because electronics don’t have great margins in retail sector neither on eBay. And you will not be able to buy electronics from well-known brands at really Wholesale price. Large brands as Sony, Nintendo, and Microsoft prefer dealing with large distribution networks as BestBuy, Walmart, and Costco that can purchase millions worth of products. But Worldwide Brands have GIANT selection of suppliers so there is an enormous amount of Other products to sell. And the good news is: there are less competition and higher profit margins. You can have your own store; sell it on eBay or use out-of-the-box storefronts from Yahoo or Amazon.
Worldwide Brands- Inside Membership area
Have some doubt about Worldwide Brands? See it compared to others in these dropship reviews
Unfortunately Worldwide Brands was not the first dropshipping directory I subscribed to. I wasted a lot of money on cheap useless lists of “GENUINE” wholesalers. Firstly I was turned-off by the price. Yes Worldwide Brands is more expensive than the most of wholesale dropship directories. But membership is worth every single penny. Database and tools they give you will save enormous amount of time and money in long run.
So here is a quick list of what Worldwide Brands has to offer:
- More than 8000 Pre-selected Suppliers
- One Time Price, LIFETIME membership
- Access to over 8 million wholesale products
- Instant Market Research on the best products to sell online
- Purchase wholesale products with LOW minimum orders
- Immediate Access to suppliers who will drop ship products
- Immediate Access to import and liquidation products
- Huge selection of free education materials (tips, video, ebooks, articles..)
- eBay Certified Solutions Provider
- Resources for setting up a business and Sales Tax ID
- Built-in, INSTANT Market Research
- Money back guarantee
Wholesale Suppliers
Worldwide Brands has the largest wholesale dropshipping directory online. It has more than 8000 suppliers listed and keeps adding new ones every day. It is the whole team behind Product Sourcing Process. Team that makes living from that. All they do is Product Sourcing so you don’t have to. But quantity is nothing without quality and Worldwide Brands proves it – every supplier is hand selected, verified and authorized to be legitimate Factory Authorized Wholesaler. So you can get your REAL wholesale prices. And those suppliers are willing to have business with you: HOME BASED entrepreneur. Worldwide Brands Product researching tool gives you an ability to find products easily in different categories and sort suppliers by volume: Drop Ship Wholesalers; Light Bulk Wholesalers; Large Volume Wholesalers;
If you are new to online commerce business you will probably want to start with dropshipping model of business, test the product, market and then move on to light bulk and large volume wholesale so you can increase your profits with growth of your business step by step from drop shippers to large volume wholesalers.
eBay Dropshipping
How to Grow Your eBay Business with Worldwide Brands
Is Worldwide Brands any good for selling on eBay? The answer is – YES, BUT you should know a couple things first.
Find your suppliers first
A lot of eBay sellers begin their research process backwards, looking first for good product niches, then for suppliers. Yes, you might find out that 16 Gb iPhone is extremely HOT item in Consumer Electronics. So what? If you don’t know where to get iPhone for wholesale/reasonable price you are not going to make any money from it. Don’t put the cart before the horse – locate a product that you can get and sell for a profit.
Here is what you need to do:
STEP 1. : Find HOT product. Go to Shopping.com Consumer Demand Index (CDI) or Amazon.com bestsellers. These lists make it easy for you to put your finger on the pulse of consumer’s demand, they reveal emerging trends and hidden gems while highlighting the hottest products – these are products that consumers want to buy right now. Browse product categories – you can even drill down to exact models and brands that people are looking for. Your goal is to combine a list of potential high profit products.
STEP 2. : Check prices. Two prices determine if the product is right for you. Wholesale price is how much you have to give to supplier. Retail price – how much you can sell it for on eBay.
- Wholesale price – find suppliers inside WWB directory that carry brands or products that you found in STEP 1. You can search by category, brand or product name. Get their wholesale pricing (You must first contact them in order to set up an account; they will then give you an access to their Confidential Dealer Pricing.) This will give you an idea of how much you can get the product for.
- Retail price – check prices on eBay ( look for Average Sales price). This will give you an idea of how much you can sell the product for. To simplify the process (so you don’t have to manually check prices for bunch of) auctions you can use free version of TeraPeak (eBay market research tool – see TeraPeak review) scroll to the bottom and click “Sample Report”). Free version will show you up to 14 days of aggregated data. TeraPeak is hands on tool for any eBay seller; it makes market research a piece of cake showing you exactly what to sell and how to sell on eBay.
STEP 3. : How much money you can make. Everything boils down to how much money you can make selling a particular product (in our case on eBay) – your profit.
Profit=Sales Price – Cost of a Product. Don’t forget to include in Cost of a Product: wholesale price of a product + shipping + storage + listing and closing fees. The key here is to sit down and do the math before you’re going to buy a large inventory of “hot” products that either:
- You can´t sell
- You can´t make a profit on.
Start Small and Scale up as You Grow
Sometimes brand new sellers are eager to sink their savings into a liquidation lot or a container load of imports. The problem is, they don’t know the first thing about what they’re getting, and they often end up losing their money and giving up on eCommerce all together.
The best way to minimize your risk is to start small. You might use eBay drop shipping to test a product without investing any funds in inventory. If it proves successful, you can move up to buying in light bulk quantities for a better price-per-piece. Then, if you find it’s still a strong, consistent seller, you can buy in even greater volume to further increase your profit margins.
eBay store.
As you grow, capitalize on the benefits an eBay store. The listing fees are substantially cheaper than with auctions. And you have a place to send the search engines (whereas your auction listings only last ten days, max). Your customers, who came in for one item, can view and purchase many. And you gain the ability to send newsletters, telling buyers what promotions you’re running and which new products you’re carrying.
Educational Tools
If you are new to drop shipping you need the best education available to maximize your profits. Quality education courses seminars/master-minds can cost thousands of dollars. I personally wasted $2500 on cheesy course and some software that got me nowhere, but Worldwide Brands comes fully packed with best training videos, ebooks and webinars to get you up to full speed to operate your business as a Pro. Education and knowledge is an essential part of running the business; simply having access to wholesale products is not enough – you must know how to operate as a business, or your wholesale access will go to waste.
Education course from Worldwide Brand is called the Whole $ale and it includes top-notch materials (videos, books audio courses) from the best in eCommerce business. It used to be sold as a separate course for $199 but now it is included when you buy Worldwide Brands at no extra cost.
In fact 2 years ago when I joined Worldwide Brands they did not have all the tools and education materials that are available to members today. They have build relationship with key players in eCommerce business like Amazon, eBay, UPS, Intuit, Yahoo and you can take advantage of this relationship for your business. They have prepared informational videos that will help you automate your shipping information flow, improve communication with your customers and suppliers, allowing you to spend more time on improving your eBiz profitability.
Thanks to Worldwide Brands you as a small eBiz owner can tap into traffic flow and exposure of eCommerce giants like Amazon (20 Billion dollars in sales and almost 71 500 000 visitors in 2008) and greatly increase the reach of your eBiz, without spending much time or money to do it!
Get special offers from hand-selected, best in the business merchant account providers to process online orders.
Delayed, damaged products, returned orders … this can be extremely costly and frustrating for your business. Worldwide Brands shows you how to avoid costly mistakes of poor shipping with their education series “Best Shipping Practices”.
I can go on and on about new tools and education resources than you can use to your advantage building successful ecommerce business. Even if you’re not planning to buy Worldwide Brands membership make sure you watch these education videos, you will learn a lot and it will definitely benefit your business.
Credibility and Reputation
WWB Reputation
Worldwide Brands stated themselves as the most trusted and respected wholesale directory in the Internet. Let’s look closer why. As I said before each and every supplier in their database has gone through multi level verification process. So you can be sure that you are not dealing with some middle man, that is cutting your profits, or that money you just wired for the product disappear because company went underground. Worldwide Brands have been in business for more than 9 years. So what they’ve achieved by now:
- eBay Certified Solution Provider
- eBay Developer’s Program Member
- Official Product Sourcing Editors for eBay Radio
- BBB Accredited Business
- Amazon and UPS partner
The Better Business Bureau (BBB) has been guarding consumers against fraud for decades. I strongly recommend that before you invest in ANY purchase for your eBiz, you check with the
BBB to be sure that you’re buying from a reputable company. Click Here to see Worldwide Brands BBB record.
Market Research
Giant list of suppliers will not solve your problem because this list by itself will not answer the question “Will this product sell? Will it bring me profit?” You need the RIGHT product to sell, you need market research. Built-in INSTANT Market Research Tool puts you head above your competitors. For every product you are planning to sell you can instantly estimate what are supply and
demand, how your current competitors advertise this product, what are the current prices for this product on eBay, how likely this product will bring profits in your pocket. If you are going to try do it yourself it will be MUCH MORE time consuming process.
Conclusion and My Recommendation
WWB is #1 Because they eliminate a lot of problems and give you tools and education to make your business much more profitable. Value of this investment will grow with growth of your business. Worldwide Brands is One of a kind complete solution of a Product Sourcing problem. Yes it is more expensive than most of a dropshipping directories but it is LIFE TIME ownership without monthly cost or any hidden fees. And it will save you money in a long run. I have a full membership at Worldwide Brands and never regret my decision.
Good Comment- Yes or No?:
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The problem with Worldwide Brands, SMC and places like this is that when you join, you join a market with a million other people doing the same thing with the same products, …you buy into competition. During the market research phase, if you find something that you would like to sell, you then find a never-ending supply of the same item(s) on eBay and/or Amazon from hundreds of other people trying to sell the very same thing from the very same place, …and that makes pricing so competitive, eBay and Amazon are practically the only people making decent money. You begin to wonder if it’s not just a platform where by WWB can make money by buddying up with the big sites then and selling you ‘coaching’ on the side. As you mentioned, name brand stuff that’s sure to sell can’t be aquired thru a place like WWB because it usually requires huge buys-ins, a brick and mortar store front, or other requirements that are out of reach for most starting a home based business. WWB is a good informational resource for people that are starting a home based business from scratch, but even with a huge list of suppliers, niche markets and profits are still hard to come by. I bought a lifetime membership and sometimes I wonder if I would make more money being an affiliate rather than a retailer.
Good Comment- Yes or No?:
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Yes, you are right, when you enter the market there always will be competition (and that is good – it is an indication of money in the market ) but there are not millions of people selling the same products. Usually there are 3-5 strong payers in the market that hold most of the market share; the rest ones – are one day -players that come and go. This applies to 99% of niches.
As far as your concern about “…you then find a never-ending supply of the same item(s) on eBay and/or Amazon from hundreds of other people trying to sell the very same thing from the very same place…” If you’re selling on eBay you can easily beat 90% of competitors by choosing the right selling strategy and doing market research. On average I was able to sell my products 25% more profitable than some regular Joe in the same market selling the same exact product by using eBay market research tools like HammerTap and TeraPeak. By analyzing eBay market information they tell you what’s working and what’s not, give you an exact information about what you need to do to sell more profitable. Which sales copy is working for your product, what day and time you need to start your auction, which keywords you need to put in the title to attract buyers, what your best starting price should be etc. The rest of your competitors don’t have that insight information…
You don’t have to have the lowest price in the market in order to make money: eBay and Amazon are not the only two places where you can sell. There are gazillion of independent online stores that are selling same items as eBay and Amazon and they don’t have lower prices but they are still profitable. Look at MyWeddingFavors.com for example – you can find exact same items on Amazon cheaper. In order to win a customer they’re putting unique twist like “free engraving on your Champaign glasses” or “get free… when you buy this…” they are not just selling wedding favors – they are selling “unique wedding favors that reflect your personal style”. People love to feel special and when they feel special they much more likely to buy from you.
I think, it is entirely possible that WWB compensated for referring sellers to eBay, Yahoo, Amazon. But at the same time they negotiated a deal with them, so you’re getting value out of it too. I think, referring person to a good product that is working is worth compensation. (There are a lot of folks out there that will try to sell you piece of s##t wrapped in golden foil, just to get commissions). So, giving that most online products have affiliate programs, I figure, it’s better to put the money in pockets of those who’re trying to share the good, than to leave the money to the dishonest affiliates. I think you shouldn’t endorse anything for money that you wouldn’t endorse for free. You may wish to adopt a similar philosophy.
We, as online entrepreneurs, should use the best of both worlds so if you’re selling a product that is good why not make more money by promoting it as affiliate also? Worldwide Brands is a good eBiz informational resource and their drop ship is top notch. So if you want to promote them, you can check out WWB affiliate program here.
Good Comment?
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This review on WWB was great. It really gave me some insight on what type of companies to look for and which to stay away from. I have been doing market research for the last 3 weeks because i have already been scammed out of 2500 dollars and live on fixed income. The only thing i question about this review is the inital part about obtaining a niche from selling online electronics. I believe this will work due to the product research, competition research, and different inquiries online that i have made. I know that having an online video game business is possible and will be one of the first to prove my doubters wrong. I don’t know too much about online business but i am currently learning from a online school that i am taking plus with the information that i can learn from WWB and another sources like Wealthy Affiliate. I know that this will be a success. Great review.
Good Comment?
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Thank you Sam,
You can absolutely do it and have successful online video game business as long as you can find a sub-niche with acceptable level of competition. Video games is a huge multi-billion industry and it would be hard for you to compete with large established business like BestBuy, GameStop, GameFly etc. But if you can find sub-niche that is not dominated by big companies and product supplier with decent profit margin then you will have much higher chance of success. You can go even further and start as an affiliate selling video games related products and services, so you don’t have to invest a lot of money upfront or carry any physical products yourself. This way you can find out what is working, what is selling in this niche and then based on this information pick the most profitable category. With that in mind make sure you’ve gathered enough information to make well-considered decision.
Good luck,
Dmitry